LIABILITY OF JOINT ACCOUNT HOLDERS. Holders of joint accounts to which Card transactions are posted shall be jointly and severally liable for damages resulting from the responsibility of the Cardholders regarding to the use and safekeeping of the Card, until such time as:
LIABILITY OF JOINT ACCOUNT HOLDERS. A joint account shall not be approved as a Designated Account unless such joint account may be operated by any account holder singly. Where any joint account is converted to a joint account which may be operated by both account holders jointly, we may at our absolute sole discretion, terminate any Card and any Tokenised Card associated with such joint account, and terminate such cards’ participation in any Digital Payment Service, and such joint account shall cease to be a Designated Account. Where the Designated Account is in joint names and may be operated by any account holder singly, we may at our absolute sole discretion, at the request of any holder of the Designated Account, issue the Card(s) to such holder, and/or allow such holder to enrol such Card(s) on his/her own Enabled Device through any Digital Payment Service. All the account holders of the joint Designated Account are jointly and severally liable for, and must pay us on demand, any and all amounts due and owing on the Card and/or Designated Account and/or under this Agreement (including where such amounts arise from Card Transactions made via any Enabled Device(s)), as if each account holder of the joint Designated Account is the Principal Cardmember.
LIABILITY OF JOINT ACCOUNT HOLDERS. A joint account shall not be approved as a Designated Account unless such joint account may be operated by any account holder singly. Where the Designated Account is in joint names and may be operated by any account holder singly, we may at our absolute sole discretion, at the request of any holder of the Designated Account, issue the Card(s) to such holder. All the account holders of the joint Designated Account are jointly and severally liable for, and must pay us on demand, any and all amounts due and owing on the Card and/or Designated Account and/or under this Agreement, as if each account holder of the joint Designated Account is the Principal Cardmember.
LIABILITY OF JOINT ACCOUNT HOLDERS. The joint Account holders are jointly and severally liable to the Firm for any debts, obligations or liabilities arising in connection with the Account. Each joint Account holder jointly and severally agrees to indemnify and hold the Firm harmless from, and to promptly pay the Firm on demand, any and all losses arising from the joint Account or any debit balance due thereon. As continuing collateral security for the payment of such debts, obligations or liabilities, which are now or which may in the future be owing by each joint Account holder to the Firm, each joint Account holder pledges to the Firm all of the joint Account holders’ collateral, whether held in the Account or in any other Account with the Firm in which any of the joint Account holders have an interest and whether or not any amount owing relates to the collateral pledged. This security is in addition to and not in substitution for the rights and remedies the Firm otherwise would have.
LIABILITY OF JOINT ACCOUNT HOLDERS. 10.1 Holders of joint account to which Card transaction are posted shall be jointly and severally liable for damages resulting from the responsibility of the cardholder as regard the use and safekeeping of the card, until such time as:
LIABILITY OF JOINT ACCOUNT HOLDERS. 8.2 A joint account shall not be used as a Designated Account unless such joint account may be operated by any account holder singly. Where the Designated Account is in joint names and may be operated by any account holder singly, the Bank may at its absolute sole discretion, at the request of any holder of the Designated Account, issue a Debit Card to each of them. All the account holders of the joint Designated Account are jointly and severally liable for, and shall pay the Bank on demand, any and all amounts due and owing on the Debit Card and/or Designated Account and/or under this Agreement.
LIABILITY OF JOINT ACCOUNT HOLDERS. The Joint Account Holders are jointly and severally liable to ShareOwner for any debts, obligations or liabilities arising in connection with the Account. Each Joint Account Holder jointly and severally agrees to indemnify and hold ShareOwner harmless from, and to promptly pay ShareOwner on demand, any and all losses arising from the Joint Account or any debit balance due thereon. As continuing collateral security for the payment of such debts, obligations or liabilities, which are now or which may in the future be owing by each Joint Account Holder to ShareOwner, each Joint Account Holder hereby pledges to ShareOwner all of the Joint Account Holders’ Collateral, whether held in the Account or in any other account with ShareOwner in which any of the Joint Account Holders’ have an interest and whether or not any amount owing relates to the Collateral pledged. This security is in addition to and not in substitution for the rights and remedies ShareOwner otherwise would have.
